The bill creates a Philippine National Petroleum Reserve System to hold emergency stockpiles of crude oil and refined products, managed by the Department of Energy, with an initial target of 30 days of average imports and a dedicated fund for financing.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB09577. Status changes over time; check the link for the latest.
HB09577 · Sources: BatasWatch
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.